If you have any US Dollars or are processing in US Dollars
 

Get rid of them, if you have US Dollar accounts move them to Euro.

The European Union is now talking with OPEC for oil to be traded in Euros. The dollar will just continue to slide down. Russian has just said it is going to trade in Euros.

Basically good bye US dollar.

If you need an EU processor then email me info at blueplayers.com

dream on. not gonna happen.

You are kidding right? Russian are losing over $100m per day due to dollar oil trading. It will happen over the next few months.

Teh dolla will crash and crumble.

I know it's trew I read it on GFY

i wonder if american sign ups would really decrease if the surfers were billed in euro

paysites should do at least like spacash and bill their european surfers in euro and then pay affiliates more usd for their sign ups

Check the speak made by the head of the European Union a few days back.

Has Russia agreed to Petro-Euros?? The Russia/EU oil chat has been going on for a few years now, but seems to have progressed.

Iran seems to be mumbling about Petro-Euros and sure makes you wonder what real motivations are with the US and Iran.

If OPEC does implement trading in Euros, this is devastating for the dollar - tho can't see them doing this all at one time - it's too damaging for the US.

Well the head of the EU said in a speach a few days back that the move to Euros is going to happen and Putin is 100% backing is as they as losing big money due to the dollar being worthless.

Mmmm.. chances are it will happen - only a matter of time :thumbsup

The flipside is most of Russia's oil goes to the EU - so that may make some sense to both Russia and the EU when they don't have to deal in fluctuating dollars.

Just been reading re OPEC and Euros - something is likely to happen. Some OPEC members have even built premises to house new oil trading exchanges and talk is of Euros - tho remains to be seen what OPEC as a org has to say.

This could be very damaging to the US dollar. When the idea was first floated, it was estimated that an immediate change would place the US in the economic league of Argentina (which was in a foul economic position at that time).

Mmmm.. can see there may be different levels of interest when US "reps" are flying around OPEC member countries trying to provide arms to "good friends" and not getting a warm response.

Yeah and the head of the United States said we're winning the war in Iraq.


I'll believe it when I see it, but I wouldn't go making any portfolio changes based on a politician's speech or a meeting to talk about something.
How many meetings between leaders have there been on mideast peace in the past 50 years?

It's not quite the same from the EU President - he's only there for a short term as a figurehead - and far less political. Doubt he'd be doing the talk without a grain of substance - and it actually makes sense, tho more in Russia's interest than the EU's.

PS Tho the EU is another hotbed of utter crap and much the same as the US when it gets down to time-wasting.

Hmmm these are some interesting rumblings & if it happens it looks like the CDN Dollar may be ahead of the USD for the first time in over 30 years.

Someone please explain this in laymans terms. For those of us who have USD bank accounts and whatnot, how can we protect ourselves from a falling USD?

Do most large bank chains in the US allow you to convert your USD checking and savings accounts into another currency?

If it turns out that's not an option, what else is there besides buying gold?

If the dollar falls and will do that. The us debt is to high at the moment and the problem whit the us debt is that it is foreign hands. Then u Americans are all screwed. I am also screwed but not so much. The only thing what u can do is invest in Asia stock or currency or in European stock or currency so u get less problems. I think u can easily open a Euro account at banks there.

If that is not possible ask a European bank like ING or RBS u have that also in the us right.

ING has TV commercials and I'm pretty sure RBS sounds familiar from TV too.

I'm sure they will open accounts in most major currencies Matt :thumbsup

Got an interesting offshore bank which uses one master account, but can hold.. think over 30-40 currencies in that one account - ie you can call em and ask the total balance in any currency and they can tell immediately - useful!